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  1. mxbob
    89 Posts.
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    29/02/12
    22:26
    Post #: 9773680
    The company have always said the rights issue was to fund stage 1 of the DFT, stages 2 and 3 were to be funded by other options. The board was in the process of reviewing these options in the 10 Jan announcement.

    So far the NEW board has worked to a carefully laid out plan, so I can only assume they also know what they are doing regarding funding stages 2 and 3.

    I guess we will know more early March when the EGM is announced.
    ESI Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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